INTEREST RATES.
The return to the Investor on his outlay, based upon the latest dividends, works' out as follows on the latest sales. When Government stocks are included, the calculation provides for redemption at the earlier date of maturity. When payment is made in sterling, exchange is added. In the case of local body issues allowance is also made for 20 per cent interest reduction:— PER CENT PER ANNUM. £ s. «J. Bank of New Zealand 4 11 0 E., 8. and A. Bank 4 16 6 National Insurance 4 7 10 Huflflart. Parker 4 14 2 Farmers' Trading (B pref.) 4 19 6 Gear Meat 4 11 0 New Zealand Drug 8 6 3 Radio (1036) 14 16 3 Mount Lyell 11 9 « Auckland Gas 5 4 0
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Bibliographic details
Auckland Star, Volume LXVIII, Issue 302, 21 December 1937, Page 4
Word Count
128INTEREST RATES. Auckland Star, Volume LXVIII, Issue 302, 21 December 1937, Page 4
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Acknowledgements
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